Skip to content

Indiana · Nonprofit

ALLIANCE INITIATIVES FUND INC

ALLIANCE INITIATIVES FUND INC (Indiana) receives grants from 2 organizations whose IRS filings report $100,000 to it, the largest being CENTERPOINT ENERGY FOUNDATION INC ($50,000). 0 of them have funded it in more than one year.

Revenue FY2025
$15k
Funders on record
2
Grants received
$100k
Net assets
$446k
0/2 repeat funderspeak grant-dependency 27%
01What it does

What Alliance Initiatives Fund Inc does

Mission

The alliance initiative fund inc supports and benefits the community foundation alliance inc. It holds assets and receives grants and donations for distribution to benefit the community foundation alliance, its partner counties of daviess, gibson, knox, perry, pike, posey, spencer, vanderburgh and warrick with charitable causes they support.

As stated on its FY2025 Form 990.

Programs

  1. Additional funding to support programs and initiatives in education, literacy, technology and community development throughout the nine counties that comprise the alliance's service area - daviess, gibson, knox, perry, pike, posey, spencer, vanderburgh and warrick counties

    $14,205 spentof which $14,205 as grants
    100% of program spending
  2. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $14,205.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($6k) Expenses 100 ($625) Net assets 100 ($297k)2019 Revenue 192 ($11k) Expenses 4173 ($26k) Net assets 97 ($288k)2020 Revenue 141 ($8k) Expenses 173 ($1k) Net assets 100 ($298k)2021 Revenue 198 ($11k) Expenses 205 ($1k) Net assets 136 ($403k)2022 Revenue 377 ($21k) Expenses 230 ($1k) Net assets 119 ($354k)2023 Revenue 6599 ($368k) Expenses 39183 ($245k) Net assets 174 ($517k)2024 Revenue 4924 ($274k) Expenses 54814 ($343k) Net assets 140 ($415k)2025 Revenue 277 ($15k) Expenses 2645 ($17k) Net assets 150 ($446k)
'18'19'20'21'22'23'24'25
Revenue (277)Expenses (2645)Net assets (150)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $354k to $556k (+57%).

$297k
$288k
$298k
$403k
$354k
$556k
$422k
$446k
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 54% · 2024 36% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of ALLIANCE INITIATIVES FUND INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (95% for the typical peer).

This organization
Typical peer · 8,549 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$5k
’18
−$15k
’19
$7k
’20
$10k
’21
$20k
’22
$123k
’23
−$68k
’24
−$1k
’25
3.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jill Carpenter

President & CEO CFA

Board chair

Eric Reed

Chair

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed1920222121181924
Joined·+4+7+4+8+0+2+5
No longer listed·3558310
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

From the IRS filings of ALLIANCE INITIATIVES FUND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ALLIANCE INITIATIVES FUND INC leans on a few funders — its largest provides 50% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

50%
largest funder
100%
top three
~2
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

ALLIANCE INITIATIVES FUND INC draws 50% of its grant income from funders outside Indiana, across 2 states in all.

IN
TX

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ALLIANCE INITIATIVES FUND INC has grown faster than three-quarters of the 4,748 philanthropy nonprofits its size.

Operating margin−7% · below the median
Months of reserve3.2mo · bottom quartile
Revenue growth (annualized)16% · top quartile

this organization peer median middle 50% of peers· 4,748 philanthropy nonprofits under $100k, FY2025

Organizations like ALLIANCE INITIATIVES FUND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 14%Fundraising 0%

Governance

21
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 2 related entities

  • Community Foundation Alliance Inc · exempt
  • City of Evansville Endowment Fund Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ALLIANCE INITIATIVES FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ALLIANCE INITIATIVES FUND INC?
ALLIANCE INITIATIVES FUND INC (Indiana) receives grants from 2 organizations whose IRS filings report $100,000 to it, the largest being CENTERPOINT ENERGY FOUNDATION INC ($50,000). 0 of them have funded it in more than one year.
How many funders does ALLIANCE INITIATIVES FUND INC have?
IRS filings report 2 organizations giving $100,000 in grants to ALLIANCE INITIATIVES FUND INC.
Who is the largest funder of ALLIANCE INITIATIVES FUND INC?
CENTERPOINT ENERGY FOUNDATION INC is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like ALLIANCE INITIATIVES FUND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Alliance Initiatives →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing